The Government provides assistance to implement the RosettaNet Standard in the form of a grant for local manufacturing, manufacturing related services as well as companies in the services sector. The implementation of the RosettaNet Standard will enable Malaysian companies to adopt efficient business processes with large companies as well as preparing them to embrace global Supply Chain Management (SCM) System.
With the adoption of the RosettaNet standard, local companies would be able to conduct business electronically through common codes for sourcing of parts and components with their partners, suppliers and buyers apart from enjoying the benefits of reduced inventory costs, time to market and lower transaction costs.
The two available models in implementing the RosettaNet Standard are:
- RosettaNet Direct Model
- RosettaNet Application Service Provider (ASP) Model